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Drug Store

CVS Pharmacy

7320 Gravois Ave, St. Louis, MO 63116

Listing Price: $11,452,544

Cap Rate
5.15%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
12.7
Guarantor
Corporate Guarantee
Rentable SF
12,900
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$45.72

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located at 7320 Gravois Avenue in St. Louis, Missouri. There are currently 12.87 years remaining on the true triple-net lease, which calls for zero landlord responsibilities. The current annual rent is $589,806. There are ten (10), five (5)-year tenant renewal option periods, bringing the total lease term to 75 years.

Investment Highlights

  • ? Long-Term Absolute Triple Net (NNN) Lease Approximately 12.87 Years Remaining
  • ? CVS Corporate Guaranty | Investment-Grade Credit
  • ? Fee Simple Ownership

Exclusively Listed By

Financing By

Drug Store

CVS Pharmacy

Listing Price: $11,452,544

Cap Rate
5.15%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
12.7
Guarantor
Corporate Guarantee
Rentable SF
12,900
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$45.72

Investment Highlights

  • ? Long-Term Absolute Triple Net (NNN) Lease Approximately 12.87 Years Remaining
  • ? CVS Corporate Guaranty | Investment-Grade Credit
  • ? Fee Simple Ownership

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located at 7320 Gravois Avenue in St. Louis, Missouri. There are currently 12.87 years remaining on the true triple-net lease, which calls for zero landlord responsibilities. The current annual rent is $589,806. There are ten (10), five (5)-year tenant renewal option periods, bringing the total lease term to 75 years.

Exclusively Listed By

Financing By

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